COVID-19 information
For the few times here, unless you drop off paperwork in mailbox and not see anyone, please wear a mask / hand sanitize
For the few times here, unless you drop off paperwork in mailbox and not see anyone, please wear a mask / hand sanitize
Included in all pricing is T777S work from home COVID-19
Option 1 – Temporary flat rate method (up to $500)
You may use this method to calculate your home office expenses if you worked more than 50% of the time from home for a period of at least a month (four consecutive weeks) in 2021 due to COVID-19. If you meet this condition, you can claim $2 for each day that you worked at home during that period, plus any other days you worked at home in 2021 due to COVID-19, up to a maximum of $500.
Option 2 - please check this link and have all receipts and details - there is a time charge of $20.00 per hour to complete option 2.
You cannot claim any expenses that were or will be reimbursed by your employer
You need to have requested a form T2200S from your employer and have it signed in advance.
Two options for signing income tax returns. Please email for instructions.
1) When return is complete I will send a form T183 that you need to sign on part G - CRA accepts electronic signatures - Forms will be sent securely using Adobe Sign. This is secure and you save time, with no office visit.
2) Blank form for signature that you can mail or drop off in front porch along with your paperwork (Return filed when form received)
Due to large number of telemarketing calls
Priority will be given to callers displaying their name and number.
Email: jim@efiletax.ca is available at all times.
Priority will be given to callers displaying their name and number.
Email: jim@efiletax.ca is available at all times.
Efile for 2022 tax returns starts, Monday February 21, 2023
How to access Canada Revenue Services for persons with disabilities
NEW LEGISATION FOR REPORTING SALE OF YOUR PRINCIPAL RESIDENCE - October 3, 2016
You will need to report the sale of your principal residence on your tax return if you sold at anytime after January 1, 2016.
On October 3, 2016, Liberal finance minister Bill Morneau, of the current government announced an administrative change to Canada Revenue Agency's reporting requirements for the sale of a principal residence. Also see Reporting sale of your principal residence
For the sale of a principal residence in 2016 or later tax years, CRA will only allow the principal residence exemption if you report the sale and designation of principal residence in your income tax return. If you forget to make a designation of principal residence in the year of the sale, it is very important to ask the CRA to amend your income tax and benefit return for that year. Under proposed changes, the CRA will be able to accept a late designation in certain circumstances, but a penalty may apply.
The penalty is the lesser of the following amounts:
You will need to report the sale of your principal residence on your tax return if you sold at anytime after January 1, 2016.
On October 3, 2016, Liberal finance minister Bill Morneau, of the current government announced an administrative change to Canada Revenue Agency's reporting requirements for the sale of a principal residence. Also see Reporting sale of your principal residence
For the sale of a principal residence in 2016 or later tax years, CRA will only allow the principal residence exemption if you report the sale and designation of principal residence in your income tax return. If you forget to make a designation of principal residence in the year of the sale, it is very important to ask the CRA to amend your income tax and benefit return for that year. Under proposed changes, the CRA will be able to accept a late designation in certain circumstances, but a penalty may apply.
The penalty is the lesser of the following amounts:
- $8,000; or
- $100 for each complete month from the original due date to the date your request was made in a form satisfactory to the CRA.
To provide quick and efficient service to prepare and EFILE your personal T1 tax return quickly and painlessly.
- Over 29 years experience
- A member of the Efile association of Canada www.efile.ca
- One person operation, for you to have friendly and personal service, year-round.
- I have TTY and know basic ASL - I can discuss via Zoom call.
- Easy in and out. No stairs, one single step.
Chat now:
Live chat by BoldChat
Info on the Registered Disability Savings Plan (RDSP)... link to new page
RESP - Start your child’s RESP off with free money!
For children born in 2004 or later, they may be eligible for the Canadian Learning Bond. This can get your child up to $2000 in government contributions to their RESP. For more information check online at:
www.StartMYRESP.ca/Possibilities
The Tax Free Savings Account - (TFSA)
(Update) - The limit for 2020, 2021 and 2022 is $6,000 for each year. NEW for 2023 is $6,500.
Globe and Mail - Rob Carrick - How to squeeze all the juice from a higher TFSA limit
(Update) - The limit for 2020, 2021 and 2022 is $6,000 for each year. NEW for 2023 is $6,500.
Globe and Mail - Rob Carrick - How to squeeze all the juice from a higher TFSA limit
I support Giving Tuesday - make a difference give to the charity of your choice.
Check out these videos on youtube (Both have closed captions):
Giving Tuesday Canada - 30 seconds !
Calling all Canadians Join the GivingTuesday Movement!
Calling all Charities Get Involved in GivingTuesday!
For More Visit the website - www.givingtuesday.ca
To check on charity status and info - Charities listing at CRA
Check out these videos on youtube (Both have closed captions):
Giving Tuesday Canada - 30 seconds !
Calling all Canadians Join the GivingTuesday Movement!
Calling all Charities Get Involved in GivingTuesday!
For More Visit the website - www.givingtuesday.ca
To check on charity status and info - Charities listing at CRA
